Leasing or buying - Which one would you recommend?

Jan 11th, 2014
Steve1995
Category:
Other
Price: $10 USD

Question description

Lease or Buy

Referencing Chapter 23 in your text, and using evidence in your text or from other sources for support, discuss the following in a minimum of 250-300 words: In the examples used in the chapter, there is not much monetary difference between owning versus leasing. In these circumstances, which method would you recommend? Why? Support your assertions with a minimum of one scholarly source, cited in APA format.



Supplement:

owning versus leasing equipment

Purchasing equipment means taking title to, or assuming ownership of, the item.In this case, the asset representing the equipment is recorded on the organization's balance sheet. The purchase could take place by paying cash from the organization's cash reserves, or the organization could finance all part of the purchase.If financing occurs, the resulting liability is also recorded on the balance sheet.

Leasing Equipment

When is a lease not a lease? When it is a lease-purchase, also known as a financial lease. This is very real question that affects business decisions. The financial lease is described in the next section, and it is followed by a description of the operating lease

Finance equipment


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UCLA
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
pmallory
Dec 7th, 2016
" Totally impressed with results!! :-) "
mixedballz
Nov 28th, 2016
" excellent work as always thanks for the help "
Five Star Tutor
Nov 24th, 2016
" Outstanding Job!!!! "
kiln82
Nov 14th, 2016
" awesome work thanks "
darnay
Nov 5th, 2016
" The best tutor out there!!!! "
likeplum4
Nov 1st, 2016
" Excellent work as usual "
kpcutie
Oct 9th, 2016
" Excellent job "
Joemoe
Sep 30th, 2016
" <3 it, thanks for saving me time. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1828 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors